Daily trends show highest spending this holiday week since 2008
November 28, 2011
Self-reported consumer spending averaged $98 per day for the three-day period ending Nov. 27 -- up from $92 a year ago -- and exceeding the Black Friday spending of each of the past three years despite much weaker consumer perceptions than in 2009 and 2010.
Eleven percent of respondents have bought a car in 2009, 15% want to
August 13, 2009
A Gallup survey conducted in June 2009 across 16 Chinese cities found economic optimism in the second quarter of 2009 returning to its third quarter 2008 level, before the economic collapse.
Results reported in both a 3-day and 14-day rolling average
Gallup tracks daily the average dollar amount Americans report spending or charging on a daily basis, not counting the purchase of a home, motor vehicle, or normal household bills. Respondents are asked to reflect on the day prior to being surveyed and results are presented here in both a 3-day and 14-day rolling average. Results are based on telephone interviews with approximately 1,500 national adults; Margin of error is ±3 percentage points.
Average anticipated spending is $639, down from $833 in December 2007
December 12, 2008
Gallup’s final Christmas spending forecast shows 45% of Americans planning to spend less on gifts in 2008 than they did last year. Americans’ average estimate of how much they will spend is now $639, down from $833 a year ago.
With highly negative consumer confidence levels, Americans increasingly worried about money, and estimated Christmas spending at an all-time low, this traditional shopping weekend is likely to be a tough one for retailers.
Variety of Gallup indicators suggest consumers will spend cautiously
November 28, 2008
If Black Friday lives up to its name, it will be in spite of extraordinarily bleak indicators. These include Americans’ highly conservative 2008 Christmas spending forecast, their negative outlook for their personal standard of living, and their lack of confidence in the U.S. economy.
Projected shopping at department stores takes biggest hit
November 19, 2008
Americans’ projected average Christmas spending this year, $616, is the lowest in Gallup’s 10-year history of tracking this question in its current format, and provides further evidence of the heavy toll the current economic turmoil is taking on America’s retailers.
Record-high number predict their spending will be lower than last year’s
October 20, 2008
A record-high 35% of Americans say they will spend less on Christmas gifts this year than they did last year; only 9% say they will spend more. This year’s result is by far the most inauspicious for the nation’s retailers of any Gallup has seen in over a decade.
Over the past few weeks, consumers have become less gloomy as pump prices have declined
August 8, 2008
Gallup Poll Daily tracking shows American consumers getting less gloomy over the past two weeks as gas prices have fallen, with 46% now rating current economic conditions as “poor” and 81% saying things are “getting worse.”
Likelihood to shop online up this year, reaching highest point to date
November 12, 2007
Department and discount stores are the two main places at which Americans say they are likely to shop for Christmas gifts this year. Nearly half say they are likely to shop online for presents -- marking the highest percentage to say this at any time over the past decade.